It is bad enough that homeownership rates for blacks and Latinos are close the 30 percentage points below that of whites, but the housing crisis affecting cities is threatening the vitality of neighborhoods.
Two fuses were lit this past week that could eventually explode later in John McCain's campaign -- a housing-banking crisis and the senator's penchant for falsehoods that gives new meaning to Bush III.
Anyone who follows Obama's record in the State Senate understands his background -- where his vote against a rent control ban in Illinois was just one example.
I was extremely confused by Bush's rosy economic speech. Here my local bank, IndyMac, is collapsing, with distraught customers waiting in line for hours last week to get their money.
The funny thing is, while homes get bigger, and this McMansion trend swallows up neighborhoods and landmarks, families are actually getting smaller.
If the guarantees work, private speculators, having driven the stock down, will clean up on the upside. And the bank's CEOs will continue to pocket the multi-million dollar salaries. Call it Wall Street socialism.
For decades, conservatives have vilified the word regulation. This has brought us corporate slavery approved by the U.S. government and panic lines of depositors outside banks.
I know if I was in this situation I would want to know all the facts before walking away and living in coulda, shoulda, woulda land.
A million families face foreclosure this year and many are trying to do something before their lives go on the auction block. The statistics are hard to wrap your head around; a parade of real people can't be ignored.
This week thousands of homeowners lined sixtieth street, 3 blocks from the White House, waiting for help to lower their mortgage rates.
Who knew that when Bryan Burrough fingered CNBC for helping kill off Bear Stearns Cos., he was starting a minitrend?
Think of it: a beautiful home with no mortgage that's environmentally-responsible with almost no heating and cooling costs due to fantastic insulation.
I understand the pressures with the collapse of FNM and FRE, but those stocks have to sink or swim on their own. Stabilizing the multi-trillion debt market behind those companies can be done without bailing out the stockholders.
For a country that purports to pride itself on personal freedom and responsibility, we certainly aren't willing to accept much of the downside.
The current crisis is the predictable (and predicted) result of a massive U.S. housing bubble, which itself can be traced in part to global economic imbalances that could have been prevented.
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Alos did ever body see that while Baranck OSbamba were meating with them socialitits in You rope, Joan McClain was meating the Dolly Lamma two discuss IMPOTENT ISSUES>
Joan McClain is always impotent on the issues, Cyril.
Is anyone else sick of seeing signs like this, and the price at the pump while our useless pieces of OIL MEAT in washington snear and dance to their getaway?
The liberals love spending taxpayer money to bail out people who do not deserve it and that is why O wants to raise taxes so he can give more freebies to liberals who are too lazy or dumb to mind their own store.
Poor little BradPicksBoogers.
Still jut a whining PUMA with nothing to offer.
MAN you just just say it ALL> YOU is very smart for sure, this is is is the limberall mantra. SPEND MY MONIES forf hand outas for lazy dumb poples.
and the republicans destroyed your economy so you blame your problems on whomever they tell you to. get a working brain. it would do you good.
ALL of these is the the falut of SLICK WILLY. HE is the ona who let ever ting build up, then GEorge Gash had two come in and cean up the mess. SICK WILLY dida NOTHING escept let tings cumm to an head for sure.
Are you Bill O's wife???